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We Happy Few; Why Scale Matters
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 407 no. 8835 (May 2013)
,
page SS13-SS16.
Topik:
International Banking
;
Investment Banking
;
Business Conditionism
;
Market Strategy
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Most investment bankers think a lot of themselves, but they seldom crow about their competitors' troubles in public. So it came as a surprise when Gary Cohn, the president of Goldman Sachs, told a press conference in Brazil in April that banks other than his and JPMorgan were taking a pretty substantial step back from the markets in a way that had not been seen in the entire history of banking. He was not exaggerating. Across the world the investment-banking industry is caught up in an unprecedented wave of deleveraging and deglobalisation. In large parts of the rich world most banks are shrinking their balance-sheets, retreating from foreign operations and closing businesses. This is dramatically reshaping the industry.
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